Unlock Your Potential with the 2025 Engineering Economy Accreditation Course!
The Institute of Appraisers and Cost Engineers (IACE), a division of The Nigerian Society of Engineers, proudly presents the highly anticipated Engineering Economy Accreditation Course 2025—your pathway to becoming a certified Accredited Engineering Economist (AEEcon).
Why You Should Attend:
This comprehensive programme equips you with essential skills in engineering economy practices, such as:
- Economic evaluation of engineering designs and alternatives
- Mastering the time value of money
- Understanding the economic impacts of taxes, risks, and depreciation
- Techniques like present worth, rate of return, and annual equivalent worth
- Evaluating inflation effects and regulatory impacts, etc.
Take your engineering career to new heights as you apply these concepts to real-world projects.
Who Should Attend:
This course is specially designed for COREN-registered or register-able engineers desiring to enhance their expertise in engineering economics.
Course Structure & Certification:
The course is divided into two parts:
- EE 101 (Part 1): October 6–10, 2025
- EE 102 (Part 2): October 20–24, 2025
Upon successfully completing both parts and passing the final exam, you’ll be awarded the prestigious Accredited Engineering Economist (AEEcon) certification by the Institute of Appraisers and Cost Engineers.
Course Outline
PART 1 (6th – 10th October 2025)
Day 1: Brief about the Institute; Overview of Engineering Economy; Concept of Engineering Economics; Definition, scope, and management applications; Introduction to project management; Investment decisions with case studies; Time Value of Money; Simple and compound interest with examples; Present and Future Value Equivalence; Spreadsheet and computer applications.
Day 2: Cost Analysis including Estimation and Control; Future Value of Money; Project Financing.
Day 3: Present Value of Money — Future value of single and series of cash flows (equal, unequal, annuities, perpetuities); Present value of single and multiple cash flows; Spreadsheet and computer applications.
Day 4: Depreciation and Taxes; Risk Analysis; Equivalence Calculations involving a Single Factor.
Day 5: Examination.
PART 2 (20th – 24th October 2025)
Day 1: Concept and Procedure for Decision Making; COREN Regulation on Engineering Economy; Corporate decision-making strategies including strategic vs routine, programmed vs unprogrammed, certainty vs uncertainty; Problem identification, data gathering, evaluating alternatives, selection, implementation, monitoring, and feedback.
Day 2: Corporate Investment Decision-Making Techniques — Determinants, risks, expected values, standard deviation, coefficient of variation, Payback Period, Accounting Rate of Return, Net Present Value; Spreadsheet applications; Replacement Analysis and Economic Life of an Asset; Introduction to Linear Programming.
Day 3: Contract Administration; Risk Analysis; Break-Even Analysis.
Day 4: Benefit/Cost Analysis; Optimization; Leadership and Managing People in Projects; Sensitivity Analysis.
Day 5: Wrap-Up and Examination.
Course Details
EE 101 (Part 1):
📅 Date: October 6–10, 2025
🕙 Time: 10:00 AM – 2:00 PM daily
📍 Venue: Online (Zoom)
💰 Fee: ₦50,000 (covers materials & exams)
EE 102 (Part 2):
📅 Date: October 20–24, 2025
🕙 Time: 10:00 AM – 2:00 PM daily
📍 Venue: Online (Zoom)
💰 Fee: ₦50,000 (covers materials & exams)
Ready to Join?
Register now and begin your journey to becoming an Accredited Engineering Economist.
Registration Link:
http://bit.ly/4mHWb0z
Payment Details:
- Bank: Polaris Bank Plc
- A/C Name: Institute of Appraisers and Cost Engineers
- A/C Number: 4090711157
- Kindly send proof of payment to 07036091976 or email at iacengr@gmail.com.
Contact Our Course Coordinators:
- Engr. Ike Iwenofu: 08033145448
- Engr. Prof. Peter Onwualu: 08037432497
- Engr. Manasseh K. Yusuf: 07036091976
Elevate your engineering career—sign up today!